UBS set a €70.00 ($83.33) price target on Kion Group (FRA:KGX) in a report published on Tuesday, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.
Other equities analysts have also issued reports about the stock. JPMorgan Chase set a €80.50 ($95.83) price target on shares of Kion Group and gave the company a buy rating in a research note on Thursday, March 1st. DZ Bank reiterated a buy rating on shares of Kion Group in a research note on Tuesday, February 27th. Citigroup set a €88.00 ($104.76) price target on shares of Kion Group and gave the company a buy rating in a research note on Tuesday, February 27th. Deutsche Bank reiterated a buy rating on shares of Kion Group in a research note on Wednesday, February 21st. Finally, Morgan Stanley set a €80.00 ($95.24) price target on shares of Kion Group and gave the company a buy rating in a research note on Friday, March 2nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of €76.76 ($91.39).
Shares of Kion Group stock opened at €73.26 ($87.21) on Tuesday. Kion Group has a 52 week low of €57.87 ($68.89) and a 52 week high of €81.82 ($97.40).
KION GROUP AG provides supply chain solutions worldwide. It operates through three segments: Industrial Trucks and Services, Supply Chain Solutions, and Corporate Services. The company provides diesel and LPG gas forklift trucks, electric forklift trucks, warehouse handling equipment, platform trucks and tractors, and used trucks; Ad hoc services and spare parts; RFID, racking, automation, transport control, and stock management systems, as well as IT and logistics, and fleet data management solutions; and financing and leasing services, as well as truck rental services.
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